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Sovereign Wealth Funds Briefing - Categorized | Market

The LIA and Libya’s struggle to move on

Posted on 15 July 2014

News that Abdulmagid Breish has been removed from his position as chairman of the Libyan Investment Authority brings yet another tortuous diversion to the troubled institution’s management. But does it make much of a difference to the fund’s ambitions?
Breish was asked to leave his position because of an inquiry under Libya’s Political Isolation Law, a piece of legislation brought in last year that prohibits those who held high office with the Gaddafi administration from serving in senior roles in the post-revolutionary government………………………………………..Full Article: Source


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